Wed, Dec 7, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

LNG Capital launches LNG FX fund

Tuesday, July 22, 2014

Komfie Manalo, Opalesque Asia:

London based European Credit focused asset management firm LNG Capital announced the launch of LNG FX fund.

LNG founder and chief executive officer Louis Gargour said the strategy is an actively managed UCITs FX systematic strategy and the managers have been producing strong results at LNG for almost two years in managed account format.

Ukraine, Gaza conflicts worry investors In his weekly commentary, Gargour said the market is driven by fear that is why LNG is oscillating between risk on and risk off in a same day. "Tension in Ukraine and Gaza is weighing on current attempts to stage a bull trend," he said and added, "Banco Espirito woes are at the forefront of sentiment. Asian and commonwealth growth is still a positive."

On Monday, The Journal reported that hedge funds appeared to have wasted little time putting their short positions back on troubled Portuguese lender Banco Espirito Santo. The Portuguese regulator set a ban on short-selling the shares at the beginning of July and finally lifted it at 11:59pm on Wednesday, having extended it a number of times.

According to Gargour, Europe is continuing to show some weakness as the production dipped and was revised lower with Germany showing signs of easing. Also, the Ger......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released